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. hitler's idea at this point was to invade france and knock britain out of the war thereby. with the intent later on to invade the soviet union. he hated communism. this is one thing that was really part of his agenda. he was actually going to invade france in the wintertime, ma in november-december. he had to put that off because -- spent of 1939? >> of 1939. because of the invasion plans fell into the hands of the french and the british, soy put off the invasion until may, and he came up with a new plan. the old plant actually had been similar to world war i. it was going to come through belgium, along the channel coast, and down into paris. but he had to completely rearrange that, and he came up with you do, one of his generals, to think through belgium, but send the majority of these armored power through the our danforth further south and coming behind any french and british armies that went into belgium once the war started. and this worked perfectly, beginning may 10 of 1940» and the british and the french did what the germans expected, asz soon as the germans went
france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against more tax hikes warning these could further restrict growth. he says it's built a bit of momentum, but still needs to do more. >> france has to reform. france cannot -- that can avoid reforms. it can be again reforms which might be different. but we need to reform. let me say that from that perspective, the recent decisions going the right direction and i think that the government has understood the need to help companies create jobs. so what is important is that this momentum is there going forward. i mean, the momentum, positive momentum regarding the negotiation between the trade unions and the corporate buddies to give more flexibility to the labor markets, to give the ability for corporates to adapt more quickly. it's very important that the government complies with reducing the budget deficit and reducing public spending. we have too high level of public spending. and if you reach the level of taxes is too hi
, he had been governor of virginia, ambassador of france, secretary of state, vice president of the united states, member of the congress. author of the decoration of independence. it's one of the few people in english history have been evaluated or inspected as closely as thomas jefferson was before he became president of the united states. people were looking at him and saying this is the guy we want. this is the person who should be president. >> host: the opponent said this isn't the guy we want. it was a close election. >> guest: it was. it was a strange election. >> host: it was strange election. it was hard fought. he had a lot of animation. you're saying, i guess what you're really saying is that both the supporters and the opponents knew who they were talking about. >> guest: partly that. what i'm saying is that especially when parties become ideological. any democrat is going different from any republican or any democrat is going different from any federalist. if you're measuring individual leader impact you shouldn't measure the democratic you should measure agains
forget that israel fought the 1967 war not with american arms but with french weaponry. france was their principal ally. before 1967, one israeli prime minister one time for one hour had visited the white house. it wasn't israel's founder. june 1964. today ariel sharon or any israeli prime minister comes to washington, it's obvious he will march into the white house. that began that very, very close relationship, that cooperation began in the aftermath of 1967, not before that. >> as you acknowledge, one more book on the six-day war. there have been a lot of them. what do you have new? what kind of things? >> look at my bibliography. i always encounter that question why we need another book on the 1967 war. the principle reason is the phenomenon of the 30-year rule. that is the rule that attained to most western style democracies in the united states in britain and canada and in israel which holds that after 30 years the majority of diplomatic documents previously classified as top secret are declassified and become accessible to researchers. once you have documents, it opens u
they be? >> i enjoyed his battles over the american second front and when to go to france. churchill wanted to go everywhere. he wanted to invade norway, sumatra, trieste, italy, sicily, somewhere in france sunday. his generals were pulling their hair out. eisenhower was. he wanted to be all over the map everywhere at once at all times. and in greece, it was an utter disaster. so, i would love to follow hovering behind him, churchill as he goes from meeting to meeting. and then when he sells his generals on the viability of going to norway or thinking about it, he says no. we will go to some mantra. he gave them fits -- we will go to sumatra. he gave them fits. >> so, you tell all kinds of stories in your. to cover the dunkirk story. what year was dunkirk. where was he in that process? >> the evacuation? >> yes. >> that would be the last week of may, the first few days of june in the 1940's. the french had been defeated essentially in brittany. the french expeditionary force, 100,000 men strong, half of them were stalled of the san -- south of the sienne. the other have spearheaded a
. pressure is increasing on israel over its plans to build 3000 homes in palestinian areas. france, britain, and spain are just a few of the countries which have summoned israel's ambassador to express their concerns. there are warnings that new settlements in east jerusalem and the west bank could threaten the very viability of a two- state solution. >> israel's prime minister does not shirk controversy and is not afraid of upsetting his friends, but benjamin netanyahu might suddenly be feeling rather isolated. a number of european countries are upset over the thorny issue of settlements. for years, israel has been warned by allies that continued expense of israel's settlements on occupied jewish land is detrimental to a two-state solution. it was when israel signalled its intention to develop this strategically-important area known as e-1 that the row intensified. if this big piece of land was to become a jewish settlement, detractors say it would be the final nail in the coffin of the two-state solution. with dozens of jewish settlements already in the area, it is argued that developing
be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the program, but first, in britain, the duchess of cambridge is said to be feeling a little bit better after spending
the france where the thinker quarter gdp is showing growth of less than 1 is% for the whole 2012. stephane pedrazzi joins us now from paris. stepha stephane, not a great set of growth figures for france. >> no. that's because of the fourth quarter. now a contraction of 2% of gdp is being tracked. it believes the economy will improve marginally next year. its target, 1 mers increase for the first and second quarter of next year mainly because of flat consumer spending. you know consumer spending is the main growth driver in france, raising the prospect of the weaker expected growth next year again. the officials target for the government is at 0.8%. we might be below this target and if that's the situation, the government will need to find additional resources of budget cuts. this morning, the french president confirmed the deficit target of 3% for the next year. he also said that the unemployment rate should decline at the end of the year even if the next year will be a difficult one. in the meantime, french unions, and employers have decided to extend negotiations from competitive net in
, trying to set things right. this, france, is what the president of the governing congress party had to say. >> our thoughts are with the young woman who is fighting for her life after this attack. and our wish today is that she recovers and that she -- >> those are of sympathy. but also talk of new legislation. is that what people think are needed, or just currently putting the proper laws that exist into practice. >> i think a lot of effort is focused on trying to insure that the laws that do exist are exercised by people. the police forces and the courts. the biggest reform measure of the government's picking up on the back of these protests is the fact that they're trying to now make sure that rape cases are tried in fast track courts. india's judicial center is flawed and what tends to happen is a lot of women who are victims of rape simply stop testifying because, you know, they just want to forget the incident on move on with their life. or their fear of retribution and intimidation. it's not unknown for people accused of rape to get away completely in the last year france, th
earners leave the country? sounds extreme? that's what's happening in france. the socialist government imposing a 75% tax on numbers higher than 1 million euros and stealth -- wealthy people are moving out of the country. good evening, sir. well, france, some people are fleeing to avoid the tax it's not illegal. but sens a message. >> it certainly does. it shows you that when government tries to increase income through the obvious measure -- let's raise tax rates on the richest people, the richest people don't like that. france's evidence, anecdotal, you have the actor who is moving out to a belgian town that is now a colony for french exiles. he is fleeing that 75% tax. the former ceo of loriele and a ceo giant. and it used to be that retirees would leave, after their kids haveh grown up and left home. but now it's young, dynamic millionaires, leaving france, in their peak earnings period. there is even harder evidence of the impact when you try to soak the rich. it showed up this week in britain. >> greta: in what way? >> well, britain, one year ago, basically, they had 16,000 filers
was ready to return to america. he had gone to france as an illustrator, but he came home determined to be an artist. through his friends, homer was probably also introduced to the work of barbizon painters and other contemporary french artists, such as manet, whose work, in all likelihood, homer would have sought out while in paris. after his return from france, homer's subjects and the style of his work make clear he absorbed something from french art. return of the gleaner is strongly reminiscent of millet's well-known paintings. the lighter palette and two-dimensional design of homer's work at this point suggest that he may have seen manet's paintings with their strong light and flat patterns. homer's oil paintings of domestic american scenes called forth his deeper creative energies, but magazine illusations of the same everyday activities provided his livelihood. the carefree quality of these scenes appealed to a country recovering from the civil war. americans turned to lighter concerns-- exalting the innocence of childhood, the therapy of the outdoors, the benefits of leisure
. france, at the time, claimed all of canada, the lands around the great lakes, the lands around, on either side of the ohio and mississippi river valleys, down to the gulf of mexico. in 1753, the governor of virginia sent a young major named george washington, and most americans don't know this story. the governor of virginia sent 21-year-old major george washington to fort ducane, a french fort that sat on the site of present day pittsburgh, before the steelerrings -- steelers started playing football there. washington ordered french to leave. french refused. in the following spring, washington returned with troops and attacked. again, most americans don't know the story, but washington fired the first shot in what became the world's first true world war. his attack on the french in the western pennsylvania wilderness grew into a global conflict lasting seven years, involve england, franch, austria, russia, prussia, and dozen other nations fighting for control over colonies in north america, africa, asia, and the seas in between. the seven years war changed the map of the world shifting n
nations, such as france or spain whatever, you had to make george iii out to be a tyrant. so he came up with all of these arguments about what he did and that is with jefferson did. >> what did you think? >> i was not a big jeffersonian after i did all of this. he was a wordsmith. he was not a good executive when he was governor of virginia. he was not able to organize effective resistance. he was't famous until famous in the sense that we know historically now. so when he was running for president in the 17 nineties, he held in sulphide as the author of the declaration of independence. which in some ways he was. nobody even cared about that in the 1770s. but that was his claim to fame when he was running for the presidency. he and john adams died on the same day. that is when the whole thing became a sainted document. it was god's handiwork that he -- that they died on the same day. >> would you have fit back in those days? >> up probably would have been a trouble maker -- i probably would have been a trouble maker. i probably also would have been somebody who had a strategic bent. i'm
to be credible to the other nations so they could gain from france or spain, and this was another reason for the declaration of independence, you had to make george iii out to be a tyrant. sonya, with all these arguments about what he did. that is where tempers and dead. -- so they made all these arguments. >> what did you think about jefferson? >> i did not think much. he was a words maturity was not a good governor of virginia. the british almost caught him one time. he was not able to organize effective resistance. he was not famous until he was -- famous in the sense that we know him historical now -- until when he was running for president in the 17 nineties. he held himself out as the author of the declaration of independence, which in some ways he was. nobody had cared about that during 1770 s, but it helped him. that was his claim to fame when he was running for the presidency. then when he and john adams died on the same day, july 4, 1826, and that's when the whole thing became the document that this was god's handiwork, but they died on the same day. >> knowing what you know ab
hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent pr
to go back to france. the canadians paid in hong kong and australian and british in singapore. so after dunkirk here was a country like a boxer is down on one knee and the ref is about to call in a day. host: when did the blitz of london occur? . this is actually part of the battle of britain. the air battle, the hollywood battle of spitfires and everything began in bid july, july 10 officially. host: of 1940. guest: of 1940. that is when the invasion scare began. the germans were soften up for the final blow which churchill never believed was coming. never for a minute did he believe the germans would invade. but he had to pursue the invasion scare tactic in order to build up his armies and get more planes and get equipment from the u.s., which was dragging its feet. the final plan, the german plan, would be to soften air bases then in lit august or september crush the remnants of the r.a.f. it was a good plan but it wasn't working and goring got hitler's permission to bomb the ports. bombing was so ineffective on both sides that meant they would be bombing houses. they did. and church
firmer agt the dollar. this is bank of france governor says the city of london should no longer be the main trading hub. is he whis links in tling in th is it doable? >> i think if you look at the figures they speak for themselves. at the moment 40% is actually this london compared to maybe 3% in france, 2% in germany, and it's not just that london dominates, but that the long term trend is actually away from france and germany and towards london. so a tough challenge for the ecb. >> so even if eurozone banks -- i suppose can they lean on eurozone banks to move their trading floors to paris and frankfurt. i don't know. >> that's true. and the fact is with currency, it's not just about trading the euro, it's what you trade on the other side, as well. london is the center for fx liquidity. that's the way it is. so the direction of things is not favoring anybody moving their trading floors towards mainland europe. >> fair enough. so what happens to the euro? we're sort of near a range high here at the moment. and how much problems are there going to the at 1.3050? >> it's an intere
. the imf estimateds that the u.k. next year will grow more strongly than france or germany, and our credible fiscal policy allows for supported monetary policy. and with the bank of england, we are directly addressing the problems of tight credit through the 70 billion pound funding for lending scheme. in the opr's view today, this has lowered interest rates in the real economy and will add to the level of real gdp. one area where the british economy has done much better than forecast is in creating jobs. since early 2010 the private sector has created 1.3 -- 1.2 million new jobs, 600,000 more than was predicted, and youth unemployment has been falling. instead of peaking at 8.7%, the ob russian expects the peak at 8.3%. this at a time when the unemployment rate in spain is 26%, in france it is almost 11%, and across the whole eurozone it is almost 12%. employment, already at a record high, is set to go on rising each year of the forecast, and for every one job less in the public sector, two new jobs are expected to be created in the private sector. britain now has a greater proport
concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank you so much for coming by. >>> staying at the eurozone, investors will be watching for anything coming from the italian crisis. the results of the spanish bond actions are due around 12:40 cst. hsbc was hit with a $1.9 billion fine. the ceo said we accept responsibility for our mistakes and are profoundly sorry for them. >> a full year loft loss of 4.7 billion euros, thinksen krup has more details. >> they are starting to look at the positive of what i would call a -- strategy, i.e., a clean sweep when it comes to the business strategy of thyssenkrupp as well as the instruct occur and the refocusing on being transparent and definitely being something shareholders should trust. so no dividends, jobs may go and the sale of celiamerica being looked at. the cfo says there's a handful of interested parties in that particular party of the
-care system. >> you did a calculation that showed a health care system, the best in europe or france or germany, we would have no deficit in the baby boom demographics. >> everyone else -- canada is a single payer system but not socialized medicine. medicare for everybody. and is complicated. but it is a mixture of public provision, public health insurance but much heavier hand of government, the same cost as the canadian system but spectacularly good outcomes relative to anybody and britain has a system which is pure socialized medicine and the outcomes are a little better than ours. the cost is 40% better. all of these, if we were able to emulate these things we would be able -- our budget problems would be gone -- and it defies -- one of our two presidential tickets, the signature proposal is to take one of the parts of the system that works pretty well and privatize it. [talking over each other] >> let's make sure nobody gets to do what i did as governor of massachusetts which is privatize medicare. privatize and underfund which is incredible. it is a rejection of both theory and
. about the third or week of august he gets a letter from france saying napoleon was having second thoughts. so severeson says, well, i do think we have the power there, and, boom, it's done. [laughter] franklin roosevelt, when he was taking the critical steps to preparing us and providing aid to britain in the runup to the great contest over liberty in the middle of the 20th century explicitly pointed to the louisiana purchase as a model for what an executive should do in a teem of crisis. in a time of crisis. jefferson himself said that the duty of a magistrate is to the line of the law, but it is not the highest duty. that the survival and success of the country is your highest obligation. one person's imperial president i is another person's hero. one person's tyranny is another person's brilliant reform. part of what we have to struggle with from age to age in america is realizing that some generations there's going to be an excess of power useed in a way -- used in a way in which we approve, and in some generations there's going to be an excess of power used in ways which we
is trying to get charges in france drawn-out bear. there are charges that he was linked to a prostitution ring. he will try to get a judge dismissed those charges. it is an extraordinary case and we do not know what happened that morning in that hotel room in manhattan where she says she was assaulted by dominique strauss-kahn. he says it was a consensual encounter. we do not know what happened. we do know that to completely different lives were completely turned around. >> ok. thank you very much. you are watching "bbc world news america." could not in the dna of cancer patient helped generations of people? and you project of britain is counting on a to do just that -- a new project in britain is counting on it to do just that. share prices in italy have fallen sharply as investors reacted to in the news that mario monti intends to resign. berlusconi hopes to stage a comeback. >> stormy political weather ahead for italy. suddenly, mario monti is on the way out. there will be early elections and berlusconi is reaching for power again. on the markets, there is deep unease. they're like the
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
and only 10 days after securing britain's first-ever tour de france when, bradley wiggems won the time trial and the heart of the nation. >> i think i will ever talked my sporting career. i still cannot believe this. it is there. >> an early british success snowballed on super saturday when the poster girl completed her domination. >> it was so hot, everyone had the home advantage and it would give a much-needed boost. when i stepped into the stage, it was such an incredible feeling. this is mild. it was a great feeling. >> minutes later, another home hero became the first britain to win a long distance of the gold in the 10,000 meters. he went on to win the 5000 as well. >> i was telling myself, i have to get there, i dig in, and dig in. it gave me a bit more boost. >> chris shed tears of joy after he became the most decorated britain. -- became the most successful olympics sailor of all time. andy murray exercised his wimbledon demons back on center court beating roger federer to win gold in the men's singles and singles and a mixed doubles alongside his partner. adams gave the perfo
in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 people are missing. tens of thousands of people have been affected.
of broken dreams and lost love in france. it is rated pg. >> you kill people and they give you reward. >> jamie foxx gets a license to kill in "django unchained" playing a southern slave freed two years before the civil war released into the custody of a bounty hunter. they go after leonardo dicaprio leonardo dicapr who may own the deed to the wife he lost at a save auction. >> bette midler and bill lu crystal baby-sit the grandkids in "parental guidance." their old school rules don't fly. so the grandparents learn it's the surprises you make not the stand you take that keeps the family together. it is rated pg. >> matt damon tries to tip the balance of power in "promised land." a small town has been hit hard by the economic downturn so it should be easy for him to buy out the poor farmers so his company can drill for gas. "promised land" is rated r. that's the box office preview, raphael seth, nbc news. >> now for another look at the weather, here is meteorologist dil condition drier. where was the jud apatow movie? >> you're so bummed about that, right? >> i was planning my mom to s
considered for an ambassadorship to either england or france. you can bet i have something to say. and i really do. california tax pain could be arizona's gain. we talked to a mayor who's trying to lure businesses away from the formerly golden state. a reporter with the sporting news doesn't like tattoos. and says most quarterbacks do not have them. now, he's being labeled racist because of those remarks. we'll talk to him next hour. yeah, he's here. remember, we want to hear from you, send you e-mails varney@foxbusiness.com and please comment on tattoos. i personally hate them. now, seven early movers-- somebody is olling their eyes off camera. and pep boys post a loss on weak sales and down it goes. the drug maker jereon, says it has stopped developing its treatment for brain cancers and cut the work force by 40%, there it goes. and dividends for the next three quarters and all of them early, the stock is now up. and profit rises at the home builder, toll brothers and the company said new orders rose sharply. up goes the stock. and tellabs, another special cash dividend. up it goes. t
of people mows and gimmicks. -- promos. lori: anything to make a buck these days. rich people in france and britain are saying bye to higher tax rates. are americans next? maybe not. tracy byrnes next on fox business. want to y to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understanthe difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage cocompany to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma!
tour as the next ambassador to -- either united king come or -- kingdom or france she helped bring in more than $500,000 to his reelection campaign and certainly an icon in the fashion world. this would be something new. >> it would be indeed. >>> coming up, ahead the deep one fast food giant is offering to celebrate a big milestone. >>> protecting elderly from scams and abuse, tips to make ♪ [ female announcer ] at yoplait, we want you to feel even better about your favorite flavors. so when you call, tweet, and post, we listen. that's why yoplait light and yoplait original are now made with no high fructose corn syrup. and why we use only natural colors and natural flavors in yoplait original. so, anything else we can do for you, let us know. but you'll keep it to yogurt, right? 'cause we shouldn't really help with your love life. yoplait. it is so good! >>> welcome back. 6:14. a few sprinkles in north bay, otherwise mild, 50°. the rain will become steady in the north bay by noon the rest of us scattered sprinkles and mid to upper 50s light rain throughout north bay at 4:00, s
. britain had three, was slowly losing common-law, france, germany and most european states had three, but some european states saw their religious character already beginning to fade. but around the world in africa, asia, latin america, few states had common-law and property rights with titles and deeds. america first came to world prominence after the spanish-american war ended in 1898. at the first time, it's argued that the u.s. acquired an empire with cuba and the philippines. yet, this were only revealed the deep differences between america and everyone else in history. for one of the first things, the american congress did after the war was pass a law requiring the united states to give up the cuba. one searches in vain for major world power to ever voluntarily departed from concord region. at the 20 century gun, a group of liberal elites who embrace the program loosely known as progressivism, challenging, criticized these four pillars. most were hostile to common-law with president woodrow wilson being the prime example of one who thought the constitution needed tv malleable a
contract ends december 30th. still to come, my "2 cents more" on a celebrity shake-up in france. you will want to hear about that. the fiscal cliff takes aim at the housing market. will the root -- recovery disappear if we go over the edge? ♪ gerri: over the past year, house prices jumping significantly in major u.s. cities. ♪ gerri: well, with the fiscal cliff deadline fast approaching, my next guest says, falling of the fiscal cliff will have a devastating effect on the nation's housing market. consumer confidence would get hurt first which would impact demand. here with more, execuve vice president of carrington mortgage holdings. welcome back to the show. you say, the impact of going over the fscal cliff could be devastating. how so? >> the first casualty, as you mentioned, will be consumer confidence, and a l of what has built the housing market back up is increased demand. absent that demand, and that will be the first thing to get hit with consumer confidence, we start to see prices often which would sort of lead-housing market back into the pits. right after that, most ec
>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss regulators $59 million in profits because the regulator can't fine ubs. the fine from the fsa is the biggest ever, 160 million pounds, $1.2 billion will go to the u.s. regulators. so the second biggest fine that was ever handed to a financial institution. of course, following that $1.9 billion fine that was given to hsbc. what we do know is that the company is admitting criminal wrongdoing in its japanese arm because, you know, around 30 traders worldwide had manipulated the yen libor between 2005 and 2010. the ceo speaking this morning says, you know, despite the troubles in the japanese arm, he does not believe that there's -- the bank is going to be shutting down the operations in that country entirely. saying that 30 to 40 people have already left the bank. they also gave us a bit more information on what kind of impact this will have on profits. they see a fourth quarter net loss of around 2.5 billion swig franks. a full-year profit of 2.5 to 3 billion. and the most important part, why shares are trading up. they
roughly speaking in the likes of italy and france and actually grew for germany. then in q4, it seems that there is a greater degree of destocking i think, materializing. i think that is going to lead to some weakness on the industrial production side and it does appear that the austerity is very much perceived by household and by service sector companies. and that explains this relatively soft data. it's a sign that really we are still in a period of multi-year major fiscal entrenchment and at the same time, we have a very cautious perspective towards taking on debt. both by the suppliers and the demanders of that debt. >> julian, very briefly, will we see more qe? will we see any more next year or not? >> well, it will depend, i think, on how things develop. on our baseline forecast, the answer to that would be no because we are looking for recovery coming through really reasonably significantly from the first quarter of next year with .4% quarter on quarter. >> julian, thanks for that. always good to see you. julian kelly joining us from barclays. which country is more corrupt and
class of course, and i will even throw in a stopover in tax happy france. here is how piers morgan puts his threat to leave, quote, i can spare those americans who want me deported a lot of effort by saying this, if you don't change your gun laws to at least try to stop these relentless tidal waves of murderous carnage then you don't have to worry about deporting me. i'll have my take on piers morgan in our next hour or so. clearly, i've got a dog in this hunt, i am english, i'm an immigrant, et cetera, et cetera, and i've got a strong opinion on pierce morgan. let's go back to kelly jane, what do you think of piers, my good fellow. >> is anybody crying about this, is anybody worried that piers morgan is it going to leave? you know, i hate to be -- i hate to be snarky, but i think that people were very surprised when he got that slot after larry king in the first place and his show has been most successful in giving people things to laugh at the day after. stuart: ooh, that was good, kelly jane. that was really nasty. . [laughter] thank you very much indeed. >> i love the english, i lov
fight in france. we shall fight on the seas and oceans. we shall fight with growing confidence and growing strength in the air. we shall defend our island, whatever the cost may be. we shall fight on the beaches. we shall fight on the landing grounds. we shall fight in the fields and in the streets. we shall fight in the hills. we shall never surrender. >> rose: winston church sill recognized as one of the greatest statesmen of all times. in 1954 edward r. murrow the cbs newsman said he mobilized the english language and sent it into battle. president kennedy liked the quote so much that he used it as his own. that was in 1963 when he granted winston churchill honorary citizenship of the united states. >> pierpont morgan was a friend of churchill's mother and is likely that winston on one of his many trip to its united states would have visited this library. we're joined today by alan packwood, he is the director of the churchill archive center in cambridge. and he's cure rating an exhi business here at the morgan called winston churchill, the power of words. >> what you're loo
in the running for a boy. frances, victoria and diana for a girl. having some bets placed on them apparently at william hill.com brooklyn and chardonnay. personally i would go for blank. that's probably two double-barreled even for the royals. if she is a girl, she will be first in line to the throne after william. they changed the rules. used to be had a boy first in line. now the girl can get it too. >> shepard: congratulations, jonathan. >> a quality in britain. it's marvelous. >> shepard: thank you. former president george h.w. bush is still in the hospital tonight. his aides say doctors had planned to release him over the weekend. now they are keeping the 88-year-old former president in treatment because of what they call a nagging cough that won't go away. doctors have been treating him for 10 days now due to complications from bronchitis. a spokesman says president bush remains in good spirits. president bush 41 spent part of the day yesterday watching the houston texans clinch a spot in the nhl playoffs titans in tennessee. desperate search for 11-year-old cancer patient. cops claim
intakes. researchers in france came wupt same findings. there is no recommended dosage of vitin min d. earlier studies set a maximum of 4,000 ius as a daily limit. >> twitter fans will soon are v.a new high profile person to follow, pope benedict 16th. vatican says the pope will respond live to questions about faith. >> twitter handle is means pope. it means bridge builder. it suggests unity. the pope united with catholics but all men and women of goodwill. the pope sent his first tweet last year. part of the efforts to spread the faith. >> nice to see the sun said. we needed it for our mood and to dry out and clean up. >> our upbeat mood is about to return. there is rain in parts of mendocino county. more of it that hasn't pushed on land yet. there is some rain around man chafter and along highway 1. it's moving this way. you can see image of the next storm out to sea at the moment. will bring mild air witness. arriving during overnight and early morning hours. weather looks like this. some rain developing again, high temperatures into northern part of the state tomorrow into upper 5
obama to be the next u.s. ambassador to britain or france. it could be a reward for her. she raised $500,000 for the president's re-election campaign. >>> as hillary clinton prepares to step down as secretary of state, she is getting apparently career advice from new york city's mayor, michael bloomberg. he reportedly called mrs. clinton to encourage her to run for the race of mayor next year. clinton reportedly showed no interest. >> shocking. >>> well, a search is under way here in new york for a man accused of pushing another man to his death in the subway. witnesses say the 58-year-old victim was shoved from the platform into the path of an oncoming train. he tried to climb out. but it was just too late. moments earlier, surveillance cameras captured the suspect arguing with the victim. several subway riders who witnessed the death had to be treated for trauma. >>> doctors say flu season is already under way, arriving weeks ahead of schedule. this is the earliest season in a decade. and the strain could be particularly severe, especially in children and the elderly. five states, from
skinny," the "vogue" editor is being considered for a job as u.s. ambassador to britain for france. abc's david wright looks at her legacy. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what -- >> no, no, wasn't a question. >> reporter: a portrayal anna wintour may not have enjoyed but she told barbara walters she respected it. >> did you recognize any part of yourself? >> well, i'm a very decisive person, so if meryl seemed somewhat strong, i respect that. >> reporter: she is the single most powerful woman in the fashion industry. her influence felt not just on the runway but in the shopping malls, too, as the documentary "the september issue" revealed, the editor of "vogue" dent mince words. >> i feel it's quite one-dimensional. >> reporter: she raised millions for the president's re-election. >> please join us, just don't be late. >> reporter: and politicians often reward their biggest fund-raisers. but ambassador
a letters from her father to france and uncles had put me onto as in that treasure trove of materials, letters from randolph hearst to joseph kennedy back-and-forth on a glimpse of a man who was different from everything i have heard about him and so i told jean kennedy smith at some point that her daughter should write a biography of her grandfather, and if the man was absolutely fascinated. it's a good word to use when you don't know if you are going to be writing about. was fascinating i said and somebody should do a biography about a year later so jean kennedy smith again approached me and said the family wanted me to do it, to write that biography that they recognized there was the need for such a biography. and i said i'm in the midst of writing another book about andrew carnegie and she said when are you going to be finished? we can't say no to the kennedy fisa i don't know, six months maybe. six months to the day we got a call at home from someone i was convinced was a ted kennedy impersonator. i don't know if any of you grew up in new york or listened to don imus. he had a ke
, including canada, germany, great britain, japan, france-- why are their gun deaths so much lower than ourselves? i mean, john howard, a very conservative prime minister-- former prime minister of australia said we don't want the american disease in australia. why is it that all these other countries don't seem to have this problem? >> well, they have soo they have a homicide problem. they have a violent crime problem. in britain, it's four times what ours is. they don't have as many guns. that doesn't prevent killing. it doesn't prevent mayhem. it doesn't prevent violent crime. >> schieffer: you don't really believe people armed with baseball pats batcan somehow kill more people than people armed with guns. >> in this country, more people are beaten to death than are killed by long guns. >> schieffer: the people who are surviving gunshot wounds now, it's because we have better medical help, david, for the same reason-- >> that's good. >> schieffer: yes, it's good. it's the same reason more of our people are surviving on the battlefields, but that's not the end of it. why do you-- why
after microsoft in france that was a bigger case. but, i am thinking this more threatening to american companies, this is england saying, we're targeting just you. >> no, britain actually has chairmanship of g-8 next year. at end of day u.s. government, a trillion dollars in revenue, so they will look at loopholes in u.s., and internationally. neil: they will want to first cut loopholes there that would make it less attractive, if you are barack obama you should be rooting for this. that means less attractive for those company to do over there and stay here. >> u.k. prospects should be subject to u.k. corporate tax. neil: should you pair spending in other areas to adjust. >> spending is very much down in the u.k. that is the problem, that is the argument shared sacrifice. neil: what about the princess? >> i told jonathan hunt last week that i thought kate middleton is pregnant, i am pleased to be right. neil: she has very bad morning sickness. >> which is why it was revealed early, it was revealed 12 weeks, it is to be expected. the role of the roll wife to provide an heir and a spare
action. france called for aid, nothing happened. turkey called for safe haven, nothing happened. everybody is looking to the united states. unfortunately, it is the same position since august of last year, which focused more on the target sanctions and all of that. unless there is actually a change in the u.s. position to take more action, i do not think something will change in the military. building a central command of the free syrian army, that needs training, international assistance. that is something only the united states can do. >> do you have a follow up question? >> my question is, you have said the days of asad are numbered and it is only a matter of time before he falls. what can we expect to happen with them when he falls? will we see a scene similar to libya where his body is dragged through the streets? will he be tried in syria? what do you envision to happen, and what do you hope to happen? >> that is difficult to answer. we know the days of the regime is approaching. that may take one year or more. we see that with the reluctance and the hesitance of the inter
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